NEW YORK – Rebag, a resale specialist in luxury handbags and accessories, has secured US$33 million via a series E funding round, which it’ll use to expand its technical capabilities and improve its brick-and-mortar services.
The company’s platform streamlines product resale with artificial intelligence tools and software programmes that help authenticate and facilitate sales.
“This latest round of funding will allow us to further develop our technology and launch features that democratise access to information and create an ecosystem that benefits consumers and retailers alike,” said Charles Gorra, the firm’s founder and chief executive.